Discontinued and Held-for-sale Operations (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Select financial information of discontinued operations is summarized below. The pretax income or loss, including direct costs to transact a sale, includes any impairment recognized to present the operations at the lower-of-cost or fair value. Fair value was based on the estimated sales price, which could differ from the ultimate sales price due to price volatility, changing interest rates, changing foreign-currency rates, and future economic conditions.

	Three months ended September 30,						Nine months ended September 30,
($ in millions)	2013			2012			2013				2012
Select Mortgage operations
Total net revenue	$	—		$	—		$	—			$	440
Pretax loss including direct costs to transact a sale (a) (b)	(158		)	(33		)	(1,762		)		(1,198		)
Tax (benefit) expense (c)	(40		)	(17		)	(573		)		7
Select Insurance operations
Total net revenue	$	—		$	157		$	190			$	462
Pretax income including direct costs to transact a sale (a)	5			13			319			(d)	48
Tax expense (benefit) (c)	3			6			(12		)		24
Select Automotive Finance operations
Total net revenue	$	119		$	347		$	544			$	1,119
Pretax income including direct costs to transact a sale (a)	58			185			752			(e)	611
Tax expense (benefit) (c)	28			47			(25		)		105
Select Corporate and Other operations
Total net revenue	$	—		$	1		$	—			$	10
Pretax income	—			5			1				37
Tax expense	—			1			—				2

(a) Includes certain treasury and other corporate activity recognized by Corporate and Other.

(b) Includes the results of ResCap. Refer to Note 1 for more information regarding the Debtors' bankruptcy.

(c) Includes certain income tax activity recognized by Corporate and Other.

(d) Includes recognized pretax gain of $274 million in connection with the sale of our Mexican insurance business, ABA Seguros.

(e) Includes recognized pretax loss of $371 million in connection with the sale of our European and the majority of our Latin American automotive finance operations and pretax gain of $888 million in connection with the sale of our Canadian automotive finance operations, Ally Credit Canada Limited and ResMor Trust.

Held-for-sale Operations

The assets and liabilities of operations held-for-sale are summarized below.

September 30, 2013 ($ in millions)	Select Automotive Finance operations (a)
Assets
Cash and cash equivalents
Noninterest-bearing	$	35
Interest-bearing	158
Total cash and cash equivalents	193
Finance receivables and loans, net
Finance receivables and loans, net	4,308
Allowance for loan losses	(94		)
Total finance receivables and loans, net	4,214
Other assets	1,506
Total assets	$	5,913
Liabilities
Short-term borrowings	$	521
Long-term debt	3,455
Interest payable	117
Accrued expenses and other liabilities	509
Total liabilities	$	4,602

(a) Includes Brazil and our joint venture in China that are being sold to GM Financial.

December 31, 2012 ($ in millions)	Select Insurance operations (a)			Select Automotive Finance operations (b)			Total held-for-sale operations
Assets
Cash and cash equivalents
Noninterest-bearing	$	8		$	100		$	108
Interest-bearing	119			1,918			2,037
Total cash and cash equivalents	127			2,018			2,145
Investment securities	576			424			1,000
Finance receivables and loans, net
Finance receivables and loans, net	—			25,835			25,835
Allowance for loan losses	—			(208		)	(208		)
Total finance receivables and loans, net	—			25,627			25,627
Investment in operating leases, net	—			144			144
Premiums receivable and other insurance assets	277			—			277
Other assets	94			2,942			3,036
Impairment on assets of held-for-sale operations	(53		)	—			(53		)
Total assets	$	1,021		$	31,155		$	32,176
Liabilities
Interest-bearing deposit liabilities	$	—		$	3,907		$	3,907
Short-term borrowings	—			2,800			2,800
Long-term debt	—			13,514			13,514
Interest payable	—			177			177
Unearned insurance premiums and service revenue	506			—			506
Accrued expenses and other liabilities	297			1,498			1,795
Total liabilities	$	803		$	21,896		$	22,699

(a) Includes our U.K.-based operations and ABA Seguros.

(b) Includes our Canadian operations sold to Royal Bank of Canada and international entities being sold to GM Financial.